TUCSON, AZ (April 18, 2024) -- Jeramy Price of VOLK Company represented SS Enterprise Holdings, LLC of Phoenix, in its purchase of a 1.42-acre, approximately 61,834-square-foot pad at 5075 E Valencia in Tucson for $1.2 million ($19 PSF) in Valencia Crossing Commercial.
The property is strategically located adjacent to a 7,328-square-foot Quik Trip travel center being built at the northwest corner of Valencia Crossing Drive and Valencia Road, near I-10. The QT will have a 16-lane gas island and a 6-lane diesel island.
The buyer has earmarked the pad to develop a Super Star Car Wash.
Lennar has sold 162 homes east of Valencia Crossing Drive, and Meritage is developing 165 lots north of Lennar. The property to the north of the commercial pad areas and west of Valencia Crossing Drive has been sold to an apartment developer, and 368 units are planned.
The transaction closed on March 19, 2024.
Derrick Sinclair, CCIM, with Terramar Properties, represented the seller, Valencia Crossing Long Term Investment, an affiliate of Terramar.
This will be the fifth site for Super Star Car Wash in metro Tucson; those open are at:
- 5225 E Speedway Blvd;
- 1505 W Valencia Road; and
- 401 W Orange Grove Road
The fourth location is under construction at 13550 E Colossal Cave Road in the Vail area of Tucson.
For more information, Price can be reached at 520.441.4771, and Sinclair is at 520.577.7800.
To learn more, see RED Comp #11233.